[COLUMN] Investors might need to rethink gold, real-estate issues in 2014

InvestorsBy Harold Wong | Tempe Republic

(Editor’s note: Posting opinion pieces does not necessarily reflect the opinions of Rose Law Group.)

Home prices and metal prices are two key indicators of where our economy might be headed in 2 014 .

Boom in real estate

The Valley has had a huge boom in home prices over the past three years, and particularly in 2012 and 2013. In March 2000, the median home price in the Phoenix metropolitan area was $125,000. After that, a crazy real-estate boom took off and the median price peaked at $264,800 in June 2006. In May 2011, the median price bottomed out at to qualify for a mortgage.




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